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Buy to let

BRRR Opportunity in Lancashire

OL13 9RQ, Rossendale
£80,000
66 sqm
1 Unit
Purchase price £80,000
Monthly income £800
ROCE 24%
Gross yield 7%

About this property

A 2-bedroom freehold house in Lancashire offering a solid Buy, Refurbish, Rent, Refinance opportunity with value-add potential.

The property extends to approximately 66 sqm and provides a straightforward refurbishment opportunity to improve rental appeal, uplift the value, and retain as a long-term rental asset.

With a projected £135,000 GDV and 24% ROCE, this deal is well suited to investors looking for a manageable BRRR project with positive monthly cashflow after refinance.

Key Financials

▪ Purchase price: £80,000
▪ Current value: £90,000
▪ GDV: £135,000
▪ Refurb costs: £18,960
▪ Money left in after refinance: £17,926
▪ Monthly rent: £800
▪ Monthly profit: £337.50
▪ Annual profit: £4,050
▪ Yield: 7%
▪ ROCE: 24%

A strong entry-level BRRR opportunity with scope to add value, refinance, and retain a cash-flowing rental property.

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Deposit required £0
Loan amount £0

Need finance? Sourced Financial Services specialise in HMO mortgages and can secure same-day decisions in principle.

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